Goldman Sachs this delivery stock can rebound after third-quarter results.
Goldman Sachs thinks Instacart could be poised for a comeback. The firm reiterated a buy rating on the grocery delivery stock alongside a $48 per share price target. Goldman's forecast implies more than 76% upside from Wednesday's close. Instacart has slipped roughly 13% since going public in September. The company's initial public offering valued Instacart at roughly $10 billion. That's well below a pandemic-era high of $39 billion . CART YTD mountain Instacart stock.
'Golden opportunity': Morgan Stanley says it's a good time to buy gold stocks — and names its top global picks
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